104 brokers measured81 pricedmedian 7.0 USDformula v1.0Data captured 02.11.2026Some links are partner links. They never change a score or a position.

Compiled and checked by the Highveld Board editorial deskScore recalculated 02.11.2026How we counted this

Highest leverage available in South Africa

Key facts (6 · 72 of 104)

In this ranking

72 of 104

Ranked on all axes

59 of 72

Round turn, USD · Median

7.0 USD

Min deposit, USD · Median

50.0 USD

Max leverage

500.0geo

Withdrawal, h · Median

24.0 h

Top picks (3 / 59 of 72)

1. OctaFX

Score 4.26 · Round turn, USD 9.0 USD

Read the review

2. HFM

Score 4.1 · Round turn, USD 6.0 USD

Read the review

3. FXGT

Score 3.94 · Round turn, USD 6.0 USD

Read the review

The pick for each need (4)

Lowest cost per trade

XTB

Round turn, USD: 1 USD

Lowest minimum deposit

CFI

Min deposit, USD: 0 USD

Fastest withdrawal

Grand Capital

Withdrawal, h: 0.25 h

Highest leverage

FXGT

Max leverage: 1:5000

Chosen automatically from 72 brokers. Brokers carrying a regulator warning are excluded.

Compare all 72 brokers and 205 accounts

Sorted by computed score, highest first. Unscored brokers follow.

Showing 72 of 104 brokers that onboard South Africa residents.

72 of 72 shown

Click a column heading to sort. Figures are list terms, no promo codes.

#	Broker	Score	Round turn, USD	Min deposit, USD	Max leverage	Withdrawal, h	Platforms	Accepts ZA residents
1	CFICFI Financial (Pty) Ltd…	4.48	not priced	0	1:500	24	MT4MT5cTrader.	Yes
2	OctaFXOrinoco Capital Pty Ltd	4.26	9	25	1:1000	3	MT4MT5OctaTrader	Yes
3	FP MarketsSouth African clients are…	4.10	6.5	100	1:500	72	MT4MT5cTrader	Yes
4	HFMSA clients served under LOCAL…	4.10	6	0group	1:2000	24	MT4MT5HFM app.	Yes
5	FXGTSouth African clients are…	3.94	6	10	1:5000	24	MT4MT5app.	Yes
6	AdmiralsSouth African clients served…	3.92	6	25	1:500	24	MT4MT5	Yes
7	MitradeMitrade Markets Pty Ltd	3.86	8.5	20	1:200	24	web; no MT4MT5.	Yes
8	ThinkMarketsPty Ltd	3.80	7	50	1:500	4	MT4MT5TradingView.	Yes
9	IG Markets SAIG Markets South Africa…	3.80	7.5	50	1:30	72	MT4ProRealTime	Yes
10	TickmillTickmill South Africa (Pty)…	3.79	6	100	1:1000	24	MT4MT5.	Yes
11	AvaTradeLocal Ava Capital Markets Pty…	3.77	9	100	1:400	24	MT4MT5WebTrader	Yes
12	FXCMServed locally by Stratos…	3.76	7	4	1:400	72	MT4	Yes
13	CMTradingGCMT South Africa (Pty) Ltd…	3.74	8	300	1:200	24	MT4WebTradercopy-trading.	Yes
14	STARTRADERSTARTRADER International Pty…	3.71	4	50	1:1000	24	MT4	Yes
15	JustMarketsJust Global Markets Pty Ltd	3.64	3	10group	1:3000	48	—	Yes
16	CAPEXJME Financial Services (Pty)…	3.59	6.5	100	1:300	24	—	Yes
17	Grand CapitalGrand Capital Ltd	3.56	5	10	1:500	0.25	MT4MT5WebTrader.	Offshore entity
18	Markets.comPty Ltd	3.55	6	100	1:300	168	WebTraderMT4MT5	Yes
19	Fusion MarketsSouth African retail clients…	3.54	4.5	0	1:500	1	MetaTrader 4MetaTrader 5cTrader	Offshore entity
20	IG MarketsIG Markets South Africa Ltd	3.54	13.6	50	1:20	72	IG webappProRealTime	Yes
21	IC MarketsSouth African clients are…	3.52	7.5	200	1:500	24	webmobile.	Offshore entity
22	Land-FXLand Prime Ltd	3.49	3.35	10	1:2000	1	MT4MT5.	Offshore entity
23	Forex.comGAIN Global Markets Inc	3.44	7	no data	1:50	no data	MT4MT5TradingView.	Offshore entity
24	ActivTradesSouth African clients…	3.39	4.2	no data	1:200	24	ActivTraderMT4MT5	Offshore entity
25	Global PrimeGleneagle Securities Pty Ltd	3.39	7	no data	1:500	2	MT4MT5	Offshore entity
26	Moneta MarketsMoneta Markets Ltd	3.36	7	50	1:1000	24	MT4MT5	Yes
27	AMarketsAMarkets Ltd	3.35	7	no data	1:3000	24	MT4MT5AMarkets App.	Offshore entity
28	Ultima MarketsUltima Markets (Pty) Ltd, an…	3.33	5	50group	1:2000	120	MT4MT5.	Yes
29	FxProFxPro Markets Direct Costa…	3.31	7	100	1:200	3	MT4MT5cTrader	Yes
30	Trade NationSouth African clients are…	3.30	5	0group	1:200	120	mobile)	Yes
31	PepperstonePepperstone Markets Kenya…	3.29	7	200	1:400	24	MT4MT5cTrader	Offshore entity
32	Traders TrustOffshore TTCM Traders Trust…	3.27	6	50	1:3000	24	webcTraderTradingView.	Offshore entity
33	Khwezi TradeKhwezi Trade (Pty) Ltd, Cape…	3.27	4	50group	1:400	72	—	Yes
34	Plus500Plus500AU Pty Ltd	3.25	8	10	1:30	72	desktopiOSMT5	Yes
35	BlackBull MarketsBBG Limited	3.20	6	0	1:500	72	MT4MT5cTrader	Offshore entity
36	Scope Markets SAScope Markets SA (Pty) Ltd…	3.20	9	100	1:1000	120	—	Yes
37	Hantec MarketsHantec Markets Ltd	3.16	3	10group	1:500	48	MT4MT5Hantec Mobile	Offshore entity
38	FIBO GroupSouth African clients…	3.13	6	50	1:1000	48	MT4MT5cTrader.	Offshore entity
39	GO MarketsGO Markets Pty Ltd	3.06	6	200	1:500	48	MT4MT5cTrader.	Offshore entity
40	XTBXTB International Limited	3.05	1	0	1:500	72	desktop	Offshore entity
41	ATFXAT Global Markets SA (Pty)…	3.04	12	500group	1:400	24	MT4MT5.	Yes
42	OrbexServed offshore via Orbex…	3.04	8	100	1:500	24	MT4MT5.	Offshore entity
43	FXChoiceFX Choice Ltd	3.00	7	100	1:200	24	MT4MT5.	Offshore entity
44	TraduStratos South Africa (Pty)…	2.99	5.9	50group	1:30	120	MT5 or API.	Yes
45	DukascopyServed by Dukascopy Bank SA…	2.95	8	100	1:200	48	JForex 4MT4MT5.	Offshore entity
46	IronFXNotesco SA (Pty) Ltd —…	2.94	18	100	1:500	240	MT4 (primary)MT5WebTrader.	Yes
47	Blueberry MarketsServed via offshore Blueberry…	2.91	7	no data	1:500	48	MT4MT5TradingView	Offshore entity
48	Doo PrimeSouth African retail served…	2.89	7	5group	1:1000	24	MT4MT5	Offshore entity
49	AlpariParlance Trading Ltd	2.85	3.5	30	1:3000	24	MetaTrader 4	Offshore entity
50	HYCMHYCM Ltd	2.85	5	no data	1:500	24	MT4MT5.	Offshore entity
51	Amana CapitalAmana Capital Ltd	2.81	7	50group	1:100	48	MT4MT5	Offshore entity
52	MultiBank GroupSouth African clients served…	2.80	15	no data	1:500	48	MT4MT5	Offshore entity
53	FXOpenOffshore FXOpen Markets Ltd	2.79	1.5	no data	1:500	24	MT4MT5TickTrader.	Offshore entity
54	LiteFinanceSouth African residents are…	2.77	18	50	1:1000	24	MT4MT5cTrader	Offshore entity
55	Milton PrimeMilton Global Ltd	2.68	not priced	300group	1:500	1	MT4MT5.	Offshore entity
56	FXTMForexTime Ltd	2.67	16	10	1:2000	24	MT4MT5 (desktopweb	Yes
57	Windsor BrokersWindsor Brokers International…	2.64	8	50group	1:1000	24	MT4; WebTradermobile.	Offshore entity
58	ForexMartOffshore Tradomart SV Ltd	2.64	10	15	1:500	7	MT4MT5.	Offshore entity
59	Fullerton MarketsFullerton Markets…	2.64	7	no data	1:500	72	MT4	Offshore entity
60	ErranteServed under offshore Errante…	2.63	not priced	no data	1:1000	24	MT4MT5cTrader	Offshore entity
61	SkillingServed by offshore Skilling…	2.62	8.5	100	1:500	24	MT4cTrader.	Offshore entity
62	SwissquoteSwissquote Bank Ltd	2.50	16	1000	1:100	24	MT4MT5.	Offshore entity
63	EquitiSA clients served via group…	2.30	8	500	1:500	24	MT4MT5	Offshore entity
64	TMGMTrademax Global Ltd	2.25	7	100group	1:1000	96	MT4MT5IRESS	Offshore entity
65	NAGAServed under offshore NAGA…	2.16	11	250	1:1000	24	webMT4MT5.	Offshore entity
66	InstaForexSA clients served via…	2.13	not priced	1group	1:1000	7	MT4MT5mobile.	Offshore entity
67	EightcapEightcap Global Limited	2.03	7	100group	1:500	120	MT4MT5WebTrader	Offshore entity
68	T4TradeTradeco Ltd	2.02	18	no data	1:1000	24	desktop	Offshore entity
69	eToroServed; South African clients…	1.98	10	no data	1:30	120	MT5.	Yes
70	AxioryAxiory Global Ltd	1.73	2	no data	1:400	240	MT4MT5cTrader	Offshore entity
71	ADSSADS Securities LLC	1.70	12	100group	1:500	120	OREX	Offshore entity
72	GT247.comof JSE-listed Purple Group Ltd	no data	not priced	0	1:25	no data	—	Yes

205 of 205 shown

Click a column heading to sort. Figures are list terms, no promo codes.

Broker · account	Min deposit, USD	Spread	Commission	Cost per lot	Swap-free
IC MarketsRaw Spread	—	0advertised	7per standard lot	7round turn, USD	Swap-free
IC MarketsStandard	—	—	Anyper standard lot	0round turn, USD	Swap-free
BlackBull MarketsECN Standard	0	0.8advertised	Anyper standard lot	8round turn, USD	—
BlackBull MarketsECN Prime	0	0advertised	6per standard lot	6round turn, USD	—
BlackBull MarketsPrime+	0	0advertised	6per standard lot	6round turn, USD	—
BlackBull MarketsStandard	50	1.4advertised	Anyper standard lot	14round turn, USD	—
BlackBull MarketsRaw	100	0advertised	6per standard lot	6round turn, USD	—
BlackBull MarketsPro	500	0.6advertised	Anyper standard lot	6round turn, USD	—
EightcapStandard	100	1advertised	Anyper standard lot	10round turn, USD	—
EightcapRaw	100	0advertised	7per standard lot	7round turn, USD	—
Fusion MarketsZero Account	—	0advertised	4.5per standard lot	4.5round turn, USD	—
Fusion MarketsClassic Account	—	0.92advertised	Anyper standard lot	9.2round turn, USD	—
Fusion MarketsSwap-Free Account	—	—	—	—	Swap-free
PepperstoneStandard	0	1advertised	Anyper standard lot	10round turn, USD	—
PepperstoneRazor	0	0advertised	7per standard lot	7round turn, USD	—
PepperstoneStandard account (swap-free)	—	1.1advertised	Anyper standard lot	11round turn, USD	Swap-free
Trade NationTN Trader / TradingView account	—	0.3advertised	Anyper standard lot	3round turn, USD	—
AlpariMicro	30	1.2advertised	Anyper standard lot	12round turn, USD	—
AlpariStandard	100	1.2advertised	Anyper standard lot	12round turn, USD	—
AlpariECN	300	0.8advertised	Anyper standard lot	8round turn, USD	—
AlpariPRO ECN	500	0advertised	5per standard lot	5round turn, USD	—
FP MarketsStandard Account	—	—	Anyper standard lot	0round turn, USD	Swap-free
FP MarketsRaw Account	—	0advertised	6per standard lot	6round turn, USD	Swap-free
FXGTOptimus	10	0.8advertised	Anyper standard lot	8round turn, USD	—
FXGTPRO	50	0.5advertised	Anyper standard lot	5round turn, USD	—
FXGTECN Zero	100	0advertised	6per standard lot	6round turn, USD	—
FXGTStandard+	10	1advertised	Anyper standard lot	10round turn, USD	—
FXGTMini	5	1advertised	Anyper standard lot	10round turn, USD	—
LiteFinanceECN	50	0advertised	0.5per standard lot	0.5round turn, USD	Swap-free
LiteFinanceCLASSIC	50	1.8advertised	Anyper standard lot	18round turn, USD	Swap-free
LiteFinanceCENT	10	3advertised	Anyper standard lot	30round turn, USD	Swap-free
Moneta MarketsDirect STP	50	1.2advertised	Anyper standard lot	12round turn, USD	—
Moneta MarketsPrime ECN	50	0advertised	6per standard lot	6round turn, USD	—
Moneta MarketsUltra ECN	20000	0advertised	2per standard lot	2round turn, USD	—
Plus500Real	—	—	Any	—	—
TMGMEDGE	0	0advertised	7per standard lot	7round turn, USD	—
TMGMCLASSIC	0	1advertised	Anyper standard lot	10round turn, USD	—
ThinkMarketsStandard	—	—	Any	—	—
ThinkMarketsThinkZero	500	0advertised	7per standard lot	7round turn, USD	—
XTBStandard	—	—	Anyper standard lot	0round turn, USD	—
ActivTradesIndividual	—	0.5advertised	Anyper standard lot	5round turn, USD	—
ActivTradesProfessional	—	0.5advertised	Anyper standard lot	5round turn, USD	—
ActivTradesIslamic Account	—	0.5advertised	Anyper standard lot	5round turn, USD	Swap-free
HFMInfinityX	500	0.3advertised	Anyper standard lot	3round turn, USD	Swap-free
HFMCent	0	1.4advertised	Anyper standard lot	14round turn, USD	Swap-free
HFMZero	0	0advertised	—	0round turn, USD	Swap-free
HFMPro	100	0.6advertised	Anyper standard lot	6round turn, USD	Swap-free
HFMPremium	0	1.4advertised	Anyper standard lot	14round turn, USD	Swap-free
HYCMFixed	20	1.5advertised	—	15round turn, USD	—
HYCMClassic	20	1.2advertised	—	12round turn, USD	—
HYCMRaw	20	0.1advertised	4per standard lot	5round turn, USD	—
IG MarketsCFD trading account	—	0.6advertised	Anyper standard lot	6round turn, USD	—
IG MarketsCFD trading account	—	0.6advertised	Anyper standard lot	6round turn, USD	—
MitradeStandard Account	—	—	Any	—	—
MitradePro Account	—	—	Any	—	—
MultiBank GroupStandard	50	1.5advertised	Anyper standard lot	15round turn, USD	—
MultiBank GroupPro	1000	0.8advertised	Anyper standard lot	8round turn, USD	—
MultiBank GroupECN	10000	0advertised	6per standard lot	6round turn, USD	—
AdmiralsTrade.MT5	—	0.5advertised	Anyper standard lot	5round turn, USD	—
AdmiralsZero.MT5	—	0advertised	3.6per standard lot	3.6round turn, USD	—
AdmiralsTrade.MT4	—	0.5advertised	Anyper standard lot	5round turn, USD	—
AdmiralsZero.MT4	—	0advertised	—	0round turn, USD	—
AdmiralsIslamic Trade.MT5	—	0.5advertised	—	5round turn, USD	Swap-free
AvaTradeIslamic	—	—	—	—	Swap-free
CAPEXEssential	100	—	—	—	—
CAPEXOriginal	5000	—	—	—	—
CAPEXSignature	25000	—	—	—	—
DukascopyECN account	100	0.1advertised	70per standard lot	71round turn, USD	—
DukascopySwap-free account	100	0.1advertised	80per standard lot	81round turn, USD	Swap-free
FXTMMicro	30	1.7advertised	Anyper standard lot	17round turn, USD	—
FXTMRewards	200	0.9advertised	Anyper standard lot	9round turn, USD	—
FXTMRewards Plus	200	1.5advertised	Anyper standard lot	15round turn, USD	—
FXTMAdvantage	500	0advertised	7per standard lot	7round turn, USD	—
TickmillClassic Account	100	1.6advertised	Anyper standard lot	16round turn, USD	—
TickmillRaw Account	100	0advertised	6per standard lot	6round turn, USD	—
TickmillTradingView Raw	100	0advertised	7per standard lot	7round turn, USD	—
eToroRetail account	—	1advertised	Anyper standard lot	10round turn, USD	—
eToroSwap-Free account	1000	—	—	—	Swap-free
FXCMStandard	—	1.3advertised	Anyper standard lot	13round turn, USD	—
Forex.comStandard Account	100	1.2advertised	Anyper standard lot	12round turn, USD	—
Forex.comRAW Spread Account	100	0advertised	10per standard lot	10round turn, USD	—
SwissquoteSTANDARD	1000	1.7advertised	Anyper standard lot	17round turn, USD	—
SwissquotePREMIUM	10000	1.4advertised	Anyper standard lot	14round turn, USD	—
SwissquotePRIME	50000	1.1advertised	Anyper standard lot	11round turn, USD	—
ADSSStandard	100	—	—	—	—
ADSSElite	—	—	—	—	—
ADSSPro	—	—	—	—	—
ATFXStandard	200	1.2advertised	Anyper standard lot	12round turn, USD	—
ATFXMicro	100	1.8advertised	Anyper standard lot	18round turn, USD	—
ATFXRaw	10000	0advertised	—	0round turn, USD	—
AxioryNANO	10	3e-05advertised	6per standard lot	6round turn, USD	—
AxiorySTANDARD	10	0.00013advertised	Anyper standard lot	0round turn, USD	—
AxioryMAX	10	0.0002advertised	Anyper standard lot	0round turn, USD	—
AxioryZERO	10	0advertised	—	0round turn, USD	—
CFIZero Commission	—	0.4advertised	Anyper standard lot	4round turn, USD	—
Doo PrimeSTP Account	100	—	Any	—	—
Doo PrimeECN Account	5000	—	—	—	—
EquitiClassic Account	0	—	Anyper standard lot	0round turn, USD	—
EquitiStandard Account	30	—	Anyper standard lot	0round turn, USD	—
EquitiPremier Account	100	0advertised	7per standard lot	7round turn, USD	—
FxProStandard	—	—	Anyper standard lot	0round turn, USD	—
FxProcTrader	—	—	7per standard lot	7round turn, USD	—
FxProSwap-free	—	—	—	—	Swap-free
IronFXSTANDARD	—	1.8advertised	Any	18round turn, USD	—
IronFXPREMIUM	—	1.4advertised	Any	14round turn, USD	—
IronFXVIP	—	1.2advertised	Any	12round turn, USD	—
IronFXZero Commission	—	1.6advertised	Any	16round turn, USD	—
IronFXZero Spread	—	0advertised	—	0round turn, USD	—
IronFXAbsolute Zero	—	0.3advertised	—	3round turn, USD	—
SkillingStandard	—	—	—	—	—
SkillingPremium raw-spread	5000	—	—	—	—
Windsor BrokersPrime	50	1advertised	Anyper standard lot	10round turn, USD	—
Windsor BrokersZero	1000	0advertised	8per standard lot	8round turn, USD	—
Windsor BrokersVIP Zero	—	0advertised	5per standard lot	5round turn, USD	—
AMarketsStandard	100	1.3advertised	Anyper standard lot	13round turn, USD	—
AMarketsECN	200	0.2advertised	5per standard lot	7round turn, USD	—
AMarketsZero	200	0advertised	11per standard lot	11round turn, USD	—
Blueberry MarketsStandard	100	1advertised	Anyper standard lot	10round turn, USD	—
Blueberry MarketsDirect	100	0advertised	7per standard lot	7round turn, USD	—
FXOpenMICRO	1	—	Anyper standard lot	0round turn, USD	—
FXOpenSTP	10	0.5advertised	Anyper standard lot	5round turn, USD	—
FXOpenECN	100	0advertised	3per standard lot	3round turn, USD	—
GO MarketsStandard	—	—	Anyper standard lot	0round turn, USD	—
GO MarketsPRO+	—	—	7per standard lot	7round turn, USD	—
GO MarketsMicro account	10	—	Anyper standard lot	0round turn, USD	—
GO MarketsSwap-free Islamic account	—	—	—	—	Swap-free
Global PrimeStandard	0	0.9advertised	Anyper standard lot	9round turn, USD	—
Global PrimeRaw	0	0advertised	7per standard lot	7round turn, USD	—
Hantec MarketsGlobal	10	—	Any	—	—
Hantec MarketsPro	10	0.1advertised	4per standard lot	5round turn, USD	—
InstaForexInsta.Standard	1	—	Anyper standard lot	0round turn, USD	—
InstaForexInsta.Eurica	1	0advertised	—	0round turn, USD	—
InstaForexCent.Standard	1	—	Anyper standard lot	0round turn, USD	—
InstaForexCent.Eurica	1	0advertised	—	0round turn, USD	—
T4TradeStandard	—	1.8advertised	Anyper standard lot	18round turn, USD	—
T4TradePremium	—	1.6advertised	Anyper standard lot	16round turn, USD	—
T4TradePrivilege	—	1.1advertised	Anyper standard lot	11round turn, USD	—
T4TradeCent	—	1.6advertised	Anyper standard lot	16round turn, USD	—
ErranteStandard	50	1.5advertised	Anyper standard lot	15round turn, USD	—
ErrantePremium	—	—	Anyper standard lot	0round turn, USD	—
ErranteVIP	—	—	Anyper standard lot	0round turn, USD	—
ErranteTailor Made	—	0advertised	—	0round turn, USD	—
FIBO GroupMT4 Cent	0.01	0.6advertised	Anyper standard lot	6round turn, USD	—
FIBO GroupMT4 Fixed	50	2advertised	Anyper standard lot	20round turn, USD	—
FIBO GroupMT4 NDD	50	0advertised	—	0round turn, USD	—
FIBO GroupMT4 NDD No Commission	50	0.8advertised	Anyper standard lot	8round turn, USD	—
FIBO GroupcTrader NDD	50	0advertised	—	0round turn, USD	—
FIBO GroupcTrader Zero Spread	50	0advertised	—	0round turn, USD	—
FIBO GroupMT5 NDD	50	0advertised	—	0round turn, USD	—
FIBO GroupMT5 Cent	0.01	0.6advertised	Anyper standard lot	6round turn, USD	—
FXChoiceOptimum	10	—	Any	—	—
FXChoiceClassic	10	1advertised	Any	10round turn, USD	—
FXChoicePro	10	1advertised	7.78per standard lot	17.78round turn, USD	—
Grand CapitalStandard	100	—	—	—	—
Grand CapitalMicro	10	0.1advertised	—	1round turn, USD	—
Grand CapitalSwap Free	—	—	—	—	Swap-free
Milton PrimePRIME RAW	1000	—	7per standard lot	7round turn, USD	—
Traders TrustClassic	50	1.5advertised	Anyper standard lot	15round turn, USD	Swap-free
Traders TrustPro	500	0advertised	6per standard lot	6round turn, USD	—
Traders TrustVIP	—	0advertised	3per standard lot	3round turn, USD	—
Amana CapitalClassic	50	—	—	—	—
Amana CapitalActive	—	—	—	—	—
Amana CapitalElite	—	—	—	—	—
CMTradingBASIC ACCOUNT	250	—	Anyper standard lot	0round turn, USD	—
CMTradingTRADER ACCOUNT	2000	—	Anyper standard lot	0round turn, USD	—
CMTradingGOLD ACCOUNT	20000	1.9advertised	Any	19round turn, USD	—
CMTradingPREMIUM ACCOUNT	85000	1.9advertised	Anyper standard lot	19round turn, USD	—
CMTradingVIP CLUB	250000	—	—	—	—
Markets.comStandard	—	0.7advertised	Any	7round turn, USD	—
Markets.comRaw	—	0.1advertised	—	1round turn, USD	—
Markets.comMicro	—	0.7advertised	Any	7round turn, USD	—
OrbexStarter	100	—	—	—	—
OrbexPremium	—	—	—	—	—
OrbexUltimate	—	—	—	—	—
STARTRADERStandard/ECN	50	—	—	—	—
STARTRADERPrime ECN	10000	—	—	—	—
STARTRADERIslamic on request	—	—	—	—	Swap-free
Ultima MarketsIslamic option	—	—	—	—	Swap-free
ForexMartClassic	15	1advertised	Anyper standard lot	10round turn, USD	—
ForexMartPro	200	0.6advertised	Anyper standard lot	6round turn, USD	—
ForexMartCents	15	1advertised	Anyper standard lot	10round turn, USD	—
ForexMartZero Spread	500	0advertised	—	0round turn, USD	—
Fullerton MarketsVariable Spreads	—	—	Any	—	—
Fullerton MarketsRaw Spreads	—	0advertised	8per standard lot	8round turn, USD	—
Fullerton MarketsPRO Spreads	—	—	Any	—	Swap-free
Land-FXStandard	—	—	—	—	—
Land-FXCent	—	—	—	—	—
Land-FXAsian Standard	—	—	—	—	—
Land-FXECN	—	—	—	—	—
TraduIndividual account	—	—	Anyper standard lot	0round turn, USD	—
GT247.comZAR FREE	0	—	Any	—	—
GT247.comUSD FREE	0	—	Any	—	—
IG Markets SAIG trading account	—	0.6advertised	Any	6round turn, USD	—
Khwezi TradeFour live account types	500	—	—	—	—
Khwezi Tradedemo	—	—	—	—	—
Scope Markets SAOne Account	10	0.9advertised	—	9round turn, USD	—
Scope Markets SACuenta Islámica	10	0.9advertised	20per standard lot	29round turn, USD	Swap-free
Scope Markets SAScope Invest	10	0.1advertised	Anyper standard lot	1round turn, USD	—
Scope Markets SAScope Elite	20000	0advertised	—	0round turn, USD	—
OctaFXOctaTrader	25	0.6advertised	Anyper standard lot	6round turn, USD	Swap-free
OctaFXMetaTrader 5	25	0.6advertised	Anyper standard lot	6round turn, USD	Swap-free
OctaFXMetaTrader 4	25	0.6advertised	Anyper standard lot	6round turn, USD	Swap-free
JustMarketsStandard	10	0.3advertised	Anyper standard lot	3round turn, USD	—
JustMarketsPro	200	0.1advertised	Anyper standard lot	1round turn, USD	—
JustMarketsRaw Spread	200	0advertised	6per standard lot	6round turn, USD	—

Local entity against offshore: what the figures say

A leverage figure is published for 72 of 104 brokers here: 12 onboard through a local entity (median 1:500); 26 onboard through a offshore entity (median 1:500); 34 onboard through a unclear entity (median 1:400).

Onboarding entity	Brokers with a figure	Max leverage · Median	Range
local	12 of 104	1:500geo	1:200–1:5000
offshore	26 of 104	1:500geo	1:200–1:3000
unclear	34 of 104	1:400geo	1:20–1:3000

The numbers across South Africa

Round-turn cost, USD (81 of 104)

Median 7.0 · Range 1.0–20.0 USD

Minimum deposit, USD (49 of 104)

Median 50.0 · Range 0.0–1000.0 USD

Retail leverage (72 of 104)

Median 500.0 · Range 20.0–5000.0 1:x

Withdrawal time, hours (87 of 104)

Median 24.0 · Range 0.0–240.0 h

How to choose (5)

1Onboarding entityCheck the entity in the last column: South Africa residents are onboarded by a local entity at some of these brokers and by an offshore one at others.
2Round turn, USDCompare the round turn against the median of 7.0 USD, measured on 81 of 104 brokers rather than on the whole base.
3ScoreTreat a blank as a blank: 13 of 72 brokers here are missing at least one axis and are listed without a score.
4Max leverageRead the leverage column with its marker: a figure the country's regulator did not set belongs to the broker's group, not to this country.
5Licence numberOpen the licence number on the broker page and check it in the register before funding.

Related rankings (6)

Methodology

the weighted mean of six axes, each on the same 0–5 scale. A broker enters this ranking only with a review rating and a round-turn price; others are listed with their score withheld.

Methodology

FAQ (4)

How many brokers are in this ranking?

72 of 104 of the 104 brokers in our South Africa base, and 59 of 72 of them are measured on all six axes.

How is the order decided?

By the computed score: the weighted mean of six axes, each on the same 0–5 scale. A broker without a review rating or without a round-turn price is listed but not ranked.

Which broker leads highest leverage available in south africa?

OctaFX with 4.26 of 5 and a round turn of 9.0 USD.

What does trading cost in South Africa on average?

The median round turn on one EURUSD lot is 7.0 USD, measured on 81 of 104 brokers.

Update log

1 dated event(s), newest first.

2026-11-02DataFirst publication: 72 brokers, 205 accounts, 81 priced.